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CNN
Nov 26, 2012 1:00pm PST
that could very well damage the economy. but the air of compromise among some notable republicans is definitely grabbing attention. the republicans' comments quickly caught fire. >> i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> a pledge you signed 20 years ago, 18 years ago is for that congress. the world has changed and the economic situation is different. >> i'm not obligated on the pledge. i made tennesseans aware, i was just elected, that the only thing i'm monitoring is the oath that i take when i serve when i'm sworn in this january. >> reporter: gop lawmakers bluntly stating to alert the fiscal cliff, they're ready to break from grover norquist and the pledge he's got most republicans to sign to never raise taxes. norquist waste nod time hitting back on cnn's s"starting point" >> it doesn't pass the laugh test. if you want to go to your voters and say, i promised you this and i'm breaking that problem, you can have that conversation with them. but you don't have an argument with me. you've made a c
CNN
Nov 28, 2012 1:00pm PST
taxes which we think would be harmful to the economy. and if you look at how much revenue that raises, $68 billion next year, that funds a government for less than a week. and it does potential significant harm to the economy and raises taxes on the very people we are asking to go out and create jobs. >> dick durbin says when you're talking about entitlement reform or cuts in spending for medicare, medicaid for example, he says that's too complicated now. listen to what he said this morning. >> when it comes to medicare, we know that it's going to run out of money in 12 years. whatever changes we want to make should be thoughtful changes not made in the heat of the fiscal cliff. >> can you defer medicare for example -- medicare reform until after you get a deal on the fiscal cliff? >> well, if we do that, wolf, i think what you have to do is also defer the issue of taxes. i think you extend tax rates some time into the foreseeable future whether that's six months or a year and allow us to go through the process where we can deal with entitlement reform and tax reform in regular order.
CNN
Nov 23, 2012 1:00pm PST
economic growth, the economy has been very slow, too slow, and we need to do better. if we grow at 4% a year instead of 2% a year for one decade, the federal government would get $5 trillion more. that would pay down the entire debt that obama racked up in the first term, that's the way to go, not tax increases that would slow the economy. >> the reason why this is so interesting is it raises a question has to whether there are members of your party turning against you. senator chambliss is not the only one that said something like this, bill crystal said it would not kill the country to raise taxes. are you concerned that elements of the republican party are moving in a different direction? >> no, the good news, and certainly speaker boehner who was just reelected, and the leader of the republicans mick mcconnell have been very clear that they're going into this to reduce covet spending and reform government. they oppose tax hikes, 90% of americans and remembers in congress have made a written commitment to the american people, not to raise taxes. there will us be some that get aske
CNN
Nov 27, 2012 1:00pm PST
.s. economy back into a recession. both congress and the white house are trying to make a deficit reduction deal to avoid the financial chaos. and president obama's reverting to some campaign mode right now to try to make sure things are done his way. our white house correspondent dan lothian is joining us now with new information. what are you learning, dan? >> reporter: well, wolf, while senior members of the administration including secretary geithner, chief of staff jack lou also top advisor meeting with -- the president himself trying to sell his vision to the public, but some say it's not a winning strategy. it doesn't take a gps to find the way to the fiscal cliff. much more difficult, finding the off ramp. at the president's first meeting with congressional leaders more than a week ago, there was a sense of optimism. >> my hope is is that this is going to be the beginning of a fruitful process. >> reporter: there was a follow-up phone call with house speaker john boehner, but a much different approach this week. the president's calendar is packed with sales pitches to the public, wh
CNN
Nov 24, 2012 3:00pm PST
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CNN
Nov 21, 2012 1:00pm PST
fund an agreement to lend $4.8 billion to egypt. the egyptian economy is a wreck. they have lost their tourist dollars. egypt is the world's largest importer of wheat. the population is growing by a million people a year. they are completely dependent on outside aid. this government took power at the beginning of the year. and since then the flow of rocket materials into gaza has accelerated as has the firing of rockets. so it looks to what have happened is this, that the new government began by allowing hamas more room to behave destructively. then they ran out of money. then they went to the imf, and the imf squeezed them. they said, if you want the money, the rockets stop. and it looked like they got the money on thursday. -- sorry, two days ago, and the rockets are stopping today. >> now, to talk about a long-term solution, a lot of discussion has involved the former president bill clinton. wolf talked just a little while ago today in fact to middle east peace envoy -- the former middle east peace envoy george mitchell. here's what he had to say about the possibility of invol
Search Results 0 to 5 of about 6